**6. Economics of Changthangi goat rearing**

*Changthangi goat* rearers usually build up the flocks from their own animals over the period of productive life of animal and cull old/unproductive and dispose surplus animals. The most important benefits from *Changthangi goat* rearing is in the form of pashmina, animal sales, changes in flock inventory, milk and manure. The returns obtained from pashmina forms the major chunk of gross returns in *Changthangi goats* (>40%) which is followed by the sale and value addition in kids. Goat rearing not only generates income for the people living under harsh cold climatic extremes, but also provides a livelihood as well as food security to the nomads (*Changpa*) in the form of milk and meat. Pashmina enterprise being profitable also possesses self-employment potential and if proper attention and care is taken, it will prove helpful in increasing the family welfare of down trodden nomads rearing the breed under miserable conditions [8].
